ADDITION OF NIGHTCLUB (BAR) SERVICE BUSINESS LINES AND APPLICATION FOR SUB-LICENSES

Question: Our company is currently operating in the field of commercial and service business. We intend to expand into the nightclub (bar) sector, providing alcoholic beverages and hosting DJ music events. What business lines must we add to our company registration, and what licenses or permits are required to operate legally?     Answer: Based […]

Are employees entitled to payment for unused annual leave?

Question: I have been working at the company for 2 years. Last year, due to a heavy workload, I wasn’t able to take all of my 12 annual leave days. Can the company pay me in cash for the unused leave days? Answer: According to Article 113 of the Labor Code 2019: An employee who […]

OPEN BUSINESS ENVIRONMENT

By adopting Economic and Politic reforms called 'Doi Moi' and 'renovation', from one of the poorest country with per capita income around USD100 in 1986,

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NATURAL RESOURCE

Since it began offshore oil exploration in the 1970s, Vietnam has become a net exporter of crude oil, while gas and petroleum reserves, coal reserves,

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SUPPORTIVE GOVERNMENT POLICY

Attracting foreign direct investment (FDI) has always been a key part of Vietnam’s external economic affairs. Vietnam already has many comparative advantages and a strong

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ECONOMIC STRENGTH

Vietnam remains one of the fastest-growing Asian economies with high GDP growth in recent years, based on the power of FDI & the private sector.

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TAXATION & CUSTOMS

D.1 Corporate Income Tax (CIT) CIT rates One uniform income tax regime is applied to both foreign-owned and domestic companies.  Taxpayers are subject to tax

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FDI INCENTIVES

What are forms of investment incentives? Investment incentives are provided in the following forms: 1.1. lower tax rates for whole duration of investment term or

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Business cost

I-Starting a Business No. Procedure Associated Costs 1 Check the proposed company name; obtain a business registration certificate as well as a tax registration certificate

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